1, NORTH STREET, PENNINGTON, LYMINGTON, SO41 8FY - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 NORTH STREET is a large detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £598,327. It was last sold for £480,000 in October 2016, which was around 3% above the average October 2016 detached price in the New Forest local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 NORTH STREET Sold Prices

Land registry data shows two sales for 1 NORTH STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 1 NORTH STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 18 OCT	£480,000	£467,263	3% above HPI
2003 14 FEB	£290,000	£283,972	2% above HPI

1 NORTH STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 1 NORTH STREET sales from February 2003 and October 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 1 NORTH STREET be worth now?

1 NORTH STREET might now be worth an estimated £598,327.

This is based on house price inflation of 24.7%, between October 2016 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 1 NORTH STREET of £480,000 on 18th October 2016. For the value to have increased from £480,000 to £598,327 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 NORTH STREET has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2016 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORTH STREET has not materially changed since October 2016.

How Large is 1 NORTH STREET?

1 NORTH STREET is 139m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 1 NORTH STREET lies on this distribution: 61% of detached houses houses are smaller than 1 NORTH STREET, and 38% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 NORTH STREET: Plot and Title Map

1 NORTH STREET sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 1 NORTH STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 NORTH STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 NORTH STREET?

1 NORTH STREET is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 1 on NORTH STREET.